Market Analysis For Bill #1

at Keller Williams Integrity

This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/22/2022 to 12/24/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.25 mi of 5942 S Versailles St, Aurora, CO 80015, USA Beds Total is 4 Baths Total Integer is 2+ Above Grade Finished Area is 2100 to 2900 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 1 Property has been discarded.

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Aurora

4

3

2,601

3,826

2,601

02/03/22

$246

$167

$246

7

Aurora

4

3

2,172

3,208

2,172

06/03/22

$299

$203

$299

7

3254548 5914 S Ukraine ST

Aurora

4

3

2,504

3,268

2,504

06/08/22

$275

$211

$275

8000972 5857 S Zante CIR

Aurora

4

3

2,249

3,731

2,249

05/09/22

$320

$193

$320

Averages:

2,382

3,508

2,382

$285

$193

$285

Listing ID Address

City

4848750 22934 E Ida AVE 3025740 5924 S Ukraine ST

Count: 4

Closed Price:

Report Totals

Presented By: Jonathan Casillas Generated on: 06/22/2022

Count : 4

Averages:

High $718,886

SqFt Abv 2,382

SqFt Ttl 3,508

Low $640,000 Sqft Fin 2,382

PSF Abv $ 285

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

614,900

$614,900 $640,000

104%

600,000

$600,000 $650,000

108%

5

625,000

$625,000 $688,000

110%

39 15

743,000

$720,000 $718,886

97%

$645,725

$639,975 $674,222

105%

Orig Price $645,725

List Price Close Price $639,975 $674,222

CP/OLP 105 %

Median $669,000 PSF Ttl

$193

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $285

CMA 1-Line Page 1 of 1

at Keller Williams Integrity

INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐

Fair market value attracts buyers, overpricing never does.

The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

and exciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

Results That MOVE You

720.208.7200 TheBarticGroup.com A Veteran Owned Business